Loans | |
Loans not covered under shared-loss agreements with the FDIC | |
Loans covered under shared-loss agreements with the FDIC | |
Mortgage-backed securities | 7M |
Investment securities and other | 983K |
Total interest income | 90.58M |
Interest expense: | |
Deposits | 7.33M |
Securities sold under agreements to repurchase | 4.27M |
Advances from FHLB and other borrowings | 1.24M |
Note payable to the FDIC | |
FDIC-guaranteed term notes | |
Subordinated capital notes | 817K |
Total interest expense | 13.66M |
Net interest income | 76.93M |
Provision for non-covered loan and lease losses | |
Provision for covered loan and lease losses, net | |
Net interest income after provision for loan and lease losses | 53.46M |
Non-interest income: | |
Wealth management revenues | |
Banking service revenues | 10.33M |
Mortgage banking activities | 1.42M |
Total banking and wealth management revenues | 18.28M |
Total loss on other-than-temporarily impaired securities | |
Portion of loss on securities recognized in other comprehensive income | |
Other-than-temporary impairments on securities | |
Accretion of FDIC loss-share indemnification asset, net | |
Fair value adjustment on FDIC equity appreciation instrument | |
Net gain (loss) on: | |
Sale of securities | 0 |
Derivatives | |
Trading securities | |
Foreclosed real estate | |
Fair value adjustment on FDIC equity appreciation instrument | |
Other | 5.22M |
Total non-interest income (loss), net | 20.22M |
Non-interest expenses: | |
Compensation and employee benefits | 19.19M |
Professional and service fees | 3.74M |
Occupancy and equipment | 7.48M |
Insurance | |
Electronic banking charges | 5.08M |
Taxes, other than payroll and income taxes | 2.39M |
Advertising, business promotion and strategic initiatives | 1.35M |
Loan servicing and clearing expenses | |
Foreclosure and repossession expenses | 5.28M |
Communication | 617K |
Director and investors relations | 233K |
Printing, postage, stationery and supplies | 602K |
Other | 3.06M |
Total non-interest expenses | 54.93M |
Income before income taxes | 18.75M |
Income tax expense (benefit) | 3.63M |
Net income | 15.12M |
Less: Dividends on preferred stock | |
Less: Allocation of undistributed earnings for participating preferred stock | |
Income available (loss) to common shareholders | 11.66M |
Income (loss) per common share: | |
Basic | 0.27 |
Diluted | 0.26 |
Average common shares outstanding and equivalents | |
Cash dividends per share of common stock | 0.06 |